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New Zealand Protectionism Basics

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New Zealand Protectionism Basics

New Zealand trade and industry illustration

📚 Part 1: Understanding Protectionism

1. What is protectionism?

When countries protect their animals

When countries help their own businesses by putting rules on imports

When countries only trade with neighbouring countries

When countries stop all trading

2. Which New Zealand industries does our government help protect? (Select all that apply)

Steel manufacturing

Agriculture and farming

Video game development

Food production

3. A tariff is:

A type of New Zealand bird

Extra tax added to imported goods

A discount on local products

A ban on all foreign goods

4. Fill in the blank: When New Zealand adds tariffs to imported steel, it makes imported steel __________ expensive, which helps protect local __________ workers.

When New Zealand adds tariffs to imported steel, it makes imported steel __________ expensive, which helps protect local __________ workers.

✏️ Part 2: Real-World Examples

5. Explain why a New Zealand farmer might support protectionism for agricultural products:
6. Think about the "Tariff Traders" simulation. How did adding tariffs change what buyers decided to purchase?
7. List two positive effects and two negative effects of protectionism:

Positive effects:

1. _________________________________

2. _________________________________

Negative effects:

1. _________________________________

2. _________________________________

8. Imagine you're shopping for a bicycle. There's a New Zealand-made bike for $400 and an imported bike for $250 (plus $75 tariff). Which would you choose and why?

🤔 Part 3: Critical Thinking

9. Why might New Zealand use protectionism even though it can make some products more expensive for consumers?
10. Do you think protectionism is mostly good or mostly bad for New Zealand? Give two reasons for your answer.

I think protectionism is mostly __________ for New Zealand.

Reason 1: ___________________________________

Reason 2: ___________________________________

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